Elbit Systems Secures $200M Contract For High-Power Laser Defense; Stock Gains

Benzinga10-28

Elbit Systems Ltd. (NASDAQ:ESLT) shares are trading higher after the company secured a roughly $200 million contract from the Israeli Ministry of Defense. The deal provides high-power laser systems ...

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(NASDAQ:ESLT) shares are trading higher after the company secured a roughly $200 million contract from the Israeli Ministry of Defense.\nThe deal provides high-power laser systems ...</p>\n\n<a href=\"https://finance.yahoo.com/news/elbit-systems-secures-200m-contract-105034351.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elbit Systems Secures $200M Contract For High-Power Laser Defense; Stock Gains</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElbit Systems Secures $200M Contract For High-Power Laser Defense; Stock Gains\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-28 18:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/elbit-systems-secures-200m-contract-105034351.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elbit Systems Ltd. (NASDAQ:ESLT) shares are trading higher after the company secured a roughly $200 million contract from the Israeli Ministry of Defense.\nThe deal provides high-power laser systems ...</p>\n\n<a href=\"https://finance.yahoo.com/news/elbit-systems-secures-200m-contract-105034351.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ESLT","symbol_name":"埃尔比特系统","start_time":0,"source_url":"https://finance.yahoo.com/news/elbit-systems-secures-200m-contract-105034351.html","article_id":"2478210699","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/e0K85Zv3bjJQutQc8WN99g--~B/aD01NTM7dz05ODM7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/Benzinga/6719a384cd946cfca2bdb179303fefbb"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2478210699","pubTimestamp":1730112634,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Elbit Systems Ltd.  shares are trading higher after the company secured a roughly $200 million contract from the Israeli Ministry of Defense.The deal provides high-power laser systems for the “Iron Beam” air defense system.This contract includes both the supply of Elbit’s advanced laser technology—designed to counter various threats—and ongoing support services for the project.Bezhalel  Machlis, President and CEO of Elbit Systems said, “As Israel’s Laser Center and a global leader in high-power laser technology, Elbit Systems congratulates on the significant progress made in the “Iron Beam” project and is proud of its contribution to its success. The capabilities developed at Elbit Systems represent a leap forward in future defense against various threats.”In August, the company reported second-quarter revenuesof $1.63 billion, beating the consensus of $1.57 billion and adjusted EPS of$2.08, exceeding the consensus of $1.77.As of June30, 2024, order backlog stood at $21.1billion.This a","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ESLT":"埃尔比特系统","BK4516":"特朗普概念","PW":"Power REIT","BK4187":"航天航空与国防","BK4084":"特种房地产投资信托","BK4234":"特殊用途房地产信托"},"translate_title":"Elbit Systems获得价值2亿美元的高功率激光防御合同；股票收益","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PW":1,"ESLT":0.9},"content_text":"Elbit Systems Ltd. (NASDAQ:ESLT) shares are trading higher after the company secured a roughly $200 million contract from the Israeli Ministry of Defense.\nThe deal provides high-power laser systems for the “Iron Beam” air defense system.\nThis contract includes both the supply of Elbit’s advanced laser technology—designed to counter various threats—and ongoing support services for the project.\nBezhalel (Butzi) Machlis, President and CEO of Elbit Systems said, “As Israel’s Laser Center and a global leader in high-power laser technology, Elbit Systems congratulates on the significant progress made in the “Iron Beam” project and is proud of its contribution to its success. The capabilities developed at Elbit Systems represent a leap forward in future defense against various threats.”\nIn August, the company reported second-quarter revenues of $1.63 billion, beating the consensus of $1.57 billion and adjusted EPS of $2.08, exceeding the consensus of $1.77.\nAs of June 30, 2024, order backlog stood at $21.1 billion.\nPrice Action: ESLT shares are up 5.46% at $221.82 premarket at the last check Monday.\nRead Next:\n\nMore Than A Third Of AI-Based ETFs Were Launched In 2024, Focusing On Nvidia, Microsoft, Apple And Meta, Among Others: Here’s How Some Of Them Have Performed This Year So Far\n\nUp Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market.\nGet the latest stock analysis from Benzinga?\n\nThis article Elbit Systems Secures $200M Contract For High-Power Laser Defense; Stock Gains originally appeared on Benzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. 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